Turkey
Kluwer Arbitration Blog | 20-Jan-2020
Despite debates about crisis in investment treaty arbitration, most emerging market economies are concluding BITs that provide for ISDS and emerging market multinational companies appear to welcome ISDS.
Business Recorder | 5-Nov-2019
The Karkey dispute between the government and a Turkish ship-based energy firm has finally been resolved due to efforts of Turkish government, Prime Minister Imran Khan said.
Ahval | 4-Nov-2019
Ankara is in conflict with an international investment tribunal after a Turkish court has rejected a demand to halt criminal proceedings regarding a Turkish media tycoon and his family.
Express Tribune | 21-Oct-2019
International institutions, through high-level backdoor contacts, have agreed to waive off the $1.2 billion penalty Pakistan has to pay to Turkey’s Karkey, senior lawyer Babar Awan said.
Business Recorder | 27-Sep-2019
Pakistan has paid over $100 million to Turkish rental power company Karkey as a penalty out of $800 million, Senator Sherry Rehman has said.
Express Tribune | 17-Jul-2019
The International Centre for Settlement of Investment Disputes (ICSID) has declared that the Supreme Court of Pakistan’s judgment in the rental power projects case is ‘arbitrary’.
Business Recorder | 9-May-2019
The Government of Pakistan has reportedly created an Escrow Account worth $ 150 million to avert a negative ruling by the international arbitration tribunal in case of M/s Kakey uriterium rental power plant
Business Recorder | 22-Apr-2019
Pakistan government is reportedly in talks with the Turkish government and M/s Karkey for an out-of-court settlement to avert attachment of Pakistan’s properties in Europe
The Express Tribune | 16-Apr-2019
The key suspect in the rental power plants case – Laeeq Ahmed Sheikh, who is in National Accountability Bureau’s (NAB) custody, has revealed some astonishing facts.
Express Tribune | 8-Feb-2019
Pakistan said to have gathered fresh ‘evidence of corruption’ in the procurement of a rental power project (RPP) contract by the Turkish company.
Newsletter
The latest
SOMO | 28-Jan-2020
CETA strengthens the legal position of North American companies in the EU and exposes European governments and taxpayers to potential claims.
IELP | 27-Jan-2020
The UNCITRAL Working Group III turned squarely to designing permanent institutions: a standing appellate mechanism and a multilateral investment court (MIC).
Deccan Herald | 27-Jan-2020
India inked an Investment Cooperation and Facilitation Treaty with Brazil – the first one after Prime Minister Narendra Modi’s Government in December 2015 approved a new template for such bilateral pacts.
Finance Uncovered | 27-Jan-2020
When Vietnam signalled it would claim the tax due, oil giant ConocoPhillips issued a pre-emptive legal strike using an arbitration process under the UK-Vietnam bilateral investment treaty.
The Globalist | 27-Jan-2020
The US government used to be the chief proponent of strong investor protection clauses in international trade deals. No longer. What happened?
No al TTIP | 27-Jan-2020
Coincidiendo con la celebración del Foro Económico Mundial en Davos 2020, la campaña ‘No a los Tratados de Comercio e Inversión ha entregado hoy en el Congreso de los Diputados, las más de 685.000 firmas recogidas durante 2019 por la iniciativa europea ‘Derechos para las personas, obligaciones para las multinacionales. Stop ISDS’.